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Fitch Updates Rating Criteria for U.S. Military Housing

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has updated its sector-specific report for rating U.S. military housing bonds. The updated report replaces the existing criteria published on Sept. 17, 2013. No changes to the ratings of existing transactions are anticipated as a result of the application of the updated rating criteria. Fitch has identified five key rating drivers that affect the credit quality of military housing credits: --Basic Allowance for Housing (BAH) and Occupancy: Financial heal

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